9:null 17:T4a8,undefined A sinking fund is a savings account for a specific future expense that is known in advance. For examp<=, if a laptop needs replacement in 2 years and will cost 1,200, then 50 is saved every month for 24 months specifically for this laptop.

Option 1: "It is a fixed term account" This is correct. The fund is set up for a specific time period until the expense occurs.

Option 2: "It is set-up for a particular upcoming expense" This is correct. This is the main purpose of a sinking fund - saving for a specific planned expense like laptop replacement, car insurance premium, or vacation.

Option 3: "In this fund a fixed amount at regular intervals is deposited" This is correct. The same amount is deposited regularly, such as weekly or monthly.

Option 4: "It can be used in any emer>=ncy" This is incorrect. A sinking fund is for planned, specific expenses, not random emer>=ncies. A sinking fund is for planned expenses with a specific purpose, whi<= an emer>=ncy fund is for unplanned, unexpected events and can be used for any emer>=ncy.

Option 4 is incorrect because a sinking fund is meant for a specific planned expense, not for any random emer>=ncy.18:T4a8,undefined A sinking fund is a savings account for a specific future expense that is known in advance. For examp<=, if a laptop needs replacement in 2 years and will cost 1,200, then 50 is saved every month for 24 months specifically for this laptop.

Option 1: "It is a fixed term account" This is correct. The fund is set up for a specific time period until the expense occurs.

Option 3: "In this fund a fixed amount at regular intervals is deposited" This is correct. The same amount is deposited regularly, such as weekly or monthly.

Option 4 is incorrect because a sinking fund is meant for a specific planned expense, not for any random emer>=ncy.10:[["$","title","0",{"children":"CUET Mathematics - Which one of the following statement is **incorrect** about sinking fund? | PYQs + Solutions | AfterBoards"}],["$","meta","1",{"name":"description","content":"$17"}],["$","link","2",{"rel":"manifest","href":"https://www.afterboards.in/manifest.json","crossOrigin":"$undefined"}],["$","meta","3",{"name":"keywords","content":"CUETMAT,MAT,Statistics & Applications,Financial Math"}],["$","meta","4",{"name":"robots","content":"index, follow"}],["$","meta","5",{"name":"category","content":"education"}],["$","meta","6",{"name":"google-site-verification","content":"google"}],["$","meta","7",{"property":"og:title","content":"CUET Mathematics - Which one of the following statement is **incorrect** about sinking fund? | PYQs + Solutions"}],["$","meta","8",{"property":"og:description","content":"$18"}],["$","meta","9",{"property":"og:url","content":"https://www.afterboards.in/past-year-questions/cuet-mathematics/2025/slot-11/64"}],["$","meta","10",{"property":"og:site_name","content":"AfterBoards | CUET Mathematics Preparation"}],"$L19","$L1a","$L1b","$L1c","$L1d","$L1e","$L1f","$L20","$L21","$L22","$L23","$L24","$L25","$L26","$L27","$L28"]

CUET Mathematics 2025 22 May Shift 1 PYQs

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